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In January-February 2018, Hebei Iron & Steel Industry realized a 53.76% year-on-year increase in profits

According to statistics from the Hebei Metallurgical Industry Association, from January to February 2018, the main income of the steel industry in Hebei Province was 156.106 billion yuan, a year-on-year increase of 5.03%, accounting for 27.67% of the province’s main industrial business income; the profit was 9.84 billion. Yuan, an increase of 53.76% year-on-year, accounting for 30.47% of the province’s industrial profits. In the January-February period, the main business income margin of the steel industry in Hebei Province was 6.31%, an increase of 2.00 percentage points year-on-year. The total cost of the three steel projects in Hebei Province was 6.889 billion yuan, a year-on-year increase of 28.86%, of which sales expenses were 1.090 billion yuan, a year-on-year increase of 15.10%; administrative expenses were 3.381 billion yuan, an increase of 43.50% year-on-year; financial expenses were 2.417 billion yuan, a year-on-year increase of 18.30. %. The three expenses per 100 yuan of main business income were 4.4 yuan, up 0.82 yuan year-on-year. The asset-liability ratio was 65.48%, a year-on-year decrease of 1.51 percentage points.

 


Post time: May-05-2018

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